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For Sale:  Faribault MLS# 6710180

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Active NEW!
$2,500,000
/mo Edit
Commercial:  Business Opportunity
Built 1900
Faribault schools
MLS# 6710180
763-576-8286
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    Property Description

    The Depot Bar and Grill in Faribault has long been a Minnesota staple�??a top-tier restaurant and destination location known for its high-quality prepared dishes, daily specials, and welcoming atmosphere. Great for business meetings, events, and for family and friend gatherings alike. After 35 years under the same ownership, this iconic dining destination includes real estate & business sale - now available for the next chapter and new owner to carry this legacy establishment forward. Housed in the historic Depot train station in downtown Faribault, this landmark restaurant blends rich local history, ambiance galore and legacy culinary excellence. Owned/operated by a classically trained chef, The Depot is beloved for its warm ambiance and excellent reputation as the perfect place for celebrations & gathering, offering a unique dining experience bringing the past to life.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $2,500,000
    Property Type: Commercial
    City: Faribault
    Garage Spaces: 0
    County: Rice
    Year Built: 1900
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55021
    Subdivision Name: Heritage Park

    Interior

    Ceiling Height: Varied Heights
    Ranges: Two
    Refrigerators: Three
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Exhaust Fan
    • Fuel Tank - Owned
    • Gas Water Heater
    • Indoor Grill
    • Microwave
    • Other
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Wall Oven
    • Wine Cooler
    Basement Details:
    • Other
    • Owner Access
    • Stone/Rock
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 80
    Air Conditioning: Central Air, Dual
    Foundation Size: 6,642 ft2
    Foundation Dimensions: 123x54
    Handicap Accessible: Doors 36"+, Fully Wheelchair, Other, Wheelchair Ramp(s), Roll Under Accessibility
    Road Responsibility: Private Maintained Road, Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Asphalt
    • Off Site
    • Open
    • Parking Lot
    • Paved
    Unit Amenities:
    • Hardwood Floors
    • Natural Woodwork
    • Patio
    • Security System
    • Tile Floors
    • Vaulted Ceiling(s)
    • Wet Bar
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Storm Sewer
    Exterior Material:
    • Brick/Stone
    • Engineered Wood
    • Fiber Board
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Rooms

    Shared Rooms: Amusement/Party Room

    Lot & Land

    Acres: 0
    Geolocation: 44.294261, -93.265609
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Liquor License
    Lot Dimensions: 349.5 x 134
    Zoning: Business/Commercial
    Lot Description:
    • Irregular Lot
    • Many Trees
    • Underground Utilities

    Farm

    Topography: Flood Plain, Level

    Schools

    School District: 656
    District Phone: 507-333-6016

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1
    Annual Maintenance Expense: $1
    Annual Gross Expense: $1
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $16,392
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: None

    Income

    Annual Gross Income: $1

    Rent

    Annual Net Income: $1

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Available Utilities: Electric Common
    Water System:
    • City Water/Connected
    • Private

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    Listing provided by RMLS, courtesy of RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.